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Masoom

Sector: Education
Sub Sector: Bridge/Night School
Tax Deduction: 50% u/s 80G of The Income Tax Act, 1961
FCRA:

UN Sustainable Development Goals:
NGO LogoNGO Logo

% Spent on Beneficiaries

78%
HelpYourNGO USP: Our Research Team studies the NGO's financials to arrive at ratios, variances and the % spent on beneficiaries. This % is the proportion of direct program expenses to total expenditure for the latest financial year, indicating the total direct spend on beneficiaries.

Year of Establishment : 2008
Registered Address : Plot no - 788, Jame Jamshed Road, Parsi Colony, Near Five Garden, Dadar T.T. , Mumbai 400014, Maharashtra
Presence : Gujarat, Maharashtra
Website : https://www.masoomeducation.org
Email : ceo@masoomeducation.org
Telephone : +91 22 24132202
Donor Contact : Ms. Nikita Ketkar / +91 9167577131 / nikita@masoomeducation.org
Registered Under : The Bombay Public Trust Act, 1950
Auditor : Ambavat Jain and Associates
Bankers : Dena Bank & ICICI Bank (Local), ICICI Bank (FCRA)
Trustees/Directors/Managing Committee: : Ms. Nikita Ketkar - Founder & CEO, Mr. Atul Gandhi - Trustee, Mr. Ashish Chowdhry - Trustee, Mr. Vineet Ketkar - Trustee, Dr. Chandrashekhar Bangargi - Trustee, Mr. Suryakant Deshpande - Trustee

Masoom is dedicated to ensuring quality education in Night Schools by empowering and transforming the youth to learn better and earn better. The Night School Transformation Program (NSTP) is designed to meet the unique needs of night schools and their students through a three-fold intervention model: enhancing educational infrastructure and resources, building stakeholder capacity, and driving advocacy efforts. The focus is to help students achieve their full potential through targeted educational and policy support, leading to better skills and career opportunities.

Major Interventions:

Educational Infrastructure: Masoom provides essential resources such as evening meals, notebooks, textbooks, mobile science labs, computers, and audiovisual learning materials. Braille learning tools and textbooks are offered for visually impaired students. Masoom also conducts Entrepreneurship Development Programs and supports job placements. It reaches out to rural areas to enroll visually impaired students through vocational training institutes.

Career Cell & Capacity Building: The Career Cell helps students make informed career decisions by offering a range of short- and long-term courses. Masoom works closely with various stakeholders, including school committees, trustees, headmasters, teachers, parents, alumni, and non-teaching staff. Regular training sessions and workshops are held, and school leaders are appointed to support the schools and Masoom’s efforts.

Evening Learning Centers (ELC) & Tech-On-Wheels (TOW): ELCs educate out-of-school adolescents and adults using formal and informal education models, helping them pass 10th grade and build life skills. Tech-on-Wheels provides computer access and exposure to IT courses through three buses equipped with technology and engaging educational programs.

Advocacy and Nutrition Support: Masoom promotes policy-level changes for Night Schools through engagement with education officials and public awareness initiatives. It also distributes dry ration kits to students who often face economic hardships due to unemployment or informal sector work.

FY 2022 (₹) FY 2023 (₹) FY 2024 (₹)
Income
Government Sources - - -
Foreign Sources - - -
Institutional Sources 92,155,473 134,316,892 118,346,654
General Donations 989,654 1,236,275 1,401,266
Sales/Fees - - -
Interest/Dividend 2,022,855 3,438,604 3,513,855
Other Income 22,722 139,722 20,487,329
Total Income (A) 95,190,704 139,131,493 143,749,104
 
Expenditure
Direct Program Activities 53,216,871 96,149,793 104,242,491
Program Staff Cost - - -
Travel Expenses - - -
Direct Program Expenses 53,216,871 96,149,793 104,242,491
Fund Raising Expenses - - -
General Staff Cost 3,050,000 3,337,500 3,967,500
Overhead Expenses 4,891,421 4,140,652 7,459,939
Depreciation 3,044,942 4,769,381 6,036,889
Other Expenses/Transfers 23,096,731 20,354,954 11,771,881
Total Expenditure (B) 87,299,965 128,752,280 133,478,700
 
Surplus / Deficit (A-B) 7,890,739 10,379,213 10,270,404
Assets
Fixed Assets 12,283,874 20,528,942 26,818,112
Current Assets 2,562,652 913,062 1,856,508
Cash And Bank 13,481,295 23,090,534 15,074,822
Total Current Assets 28,327,821 44,532,538 43,749,442
Investments 52,806,131 39,875,917 45,094,912
Accumulated Deficits - - -
Total Assets 81,133,952 84,408,455 88,844,354
 
Liabilities
Trust Corpus 6,272,986 6,272,986 6,272,986
General Funds 43,938,769 54,317,982 64,588,385
Earmarked Funds 24,686,466 - 11,771,881
Unutilized Grants - 20,354,954 -
Total 74,898,221 80,945,922 82,633,252
Loans - - -
Loans (From Members) - - -
Current Liabilities 6,235,731 3,462,533 6,211,102
Other Liabilities - - -
Total Liabilities 81,133,952 84,408,455 88,844,354
1) No detailed breakdown has been received in the case of direct programs.
2) Remuneration to Trustees shown under General Staff Cost.
3) Unspent Grant transferred to Balance Sheet shown under Other Expenses/Transfers and Earmarked Funds.
FY 2022 FY 2023 FY 2024
Beneficiary Details
Direct Beneficiaries (nos.) 7,478 8,998 -
Indirect Beneficiaries (nos.) 22,434 26,994 -
Average Cost per Direct Beneficiary (₹) - - -
Staff Details
No. of Staff 35 105 -
Number of Consultants 25 45 -
Number Of Volunteers 28 18 -
Total 88 168 -
Highest Paid Full-Time Staff (₹ p.a.) 840,000 1,200,000 -
Lowest Paid Full-Time Staff (₹ p.a.) 182,148 216,000 -
Services Funds Raised (₹)
20,875,785
Charity Registry 15,000
CSR 13,743,786
Donor Advisory 2,208,004
Total Funds Raised 36,842,575
NGO Name Sector Sub Sector Location % Spent on Beneficiaries Income (₹) Expense (₹)
Atulya Vikash Education Services Jharkhand 97 333,630 333,127
Foundation For Excellence India Trust (FFEIT) Education Scholarships Karnataka 95 658,104,660 660,524,997
arr2
MentorMe Foundation (The Apprentice Project) Education Learning Aids Maharashtra 92 31,125,800 30,114,200
arr4
K.C. Mahindra Education Trust Education Girl Child Maharashtra 85 1,339,741,000 1,344,351,000
arr3
Masoom Education Bridge/Night School Maharashtra 78 143,749,104 133,478,700
Atma Education Trust Education Services Maharashtra 76 19,739,697 17,160,220


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